It’s important that the business arrangement between a manager and their client (artist, musician, songwriter, producer, engineer, etc) be put into writing and signed by both parties in the form of an artist management contract or music manager agreement.
Even though disasters cannot always be avoided, obligations can be made much clearer and responsibilities more easily understood with the presence of a written artist management agreement. Before you get an attorney to draft a contract for you, however, you should first take stock of what you are prepared to do with and for an artist and what you expect out of the relationship.
Artist Agreement Form Statement With Multiple Conditions In Arizona
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An exclusive agreement in music licensing means that the artist grants all the rights to a particular piece of music to one party (such as a publisher or a record label) exclusively. This means no other party can use the music without permission from the licensee.
The contract term period typically ranges from 1-3 years for young artists or those just starting out. Long-term agreements, which can be 5-10 years long or longer, are usually offered to more established and accomplished musicians or those with a successful track record.
Common Sections in Artist Management Agreements ARTIST MANAGEMENT AGREEMENT. BACKGROUND. Services Of The Manager. Rights And Authority Of The Manager. Term. Compensation. Accounting. Expenses.
Example: If John promises to give Jane $100 for no reason, and Jane agrees to the promise, this is a nudum pactum because there is no consideration exchanged between them. If John fails to give Jane the $100, she cannot legally enforce the promise because there was no consideration.
A pactum is an agreement or convention, usually falling short of a contract. It is a type of agreement that is enforceable by law, but not as strong as a contract.
: an informal agreement between two or more persons containing one or more promises and usually legally unenforceable even when supported by a sufficient consideration except for certain pacta declared enforceable by praetorian edicts and imperial constitutions if arising out of a lawful cause or inducement.